Nvidia Corp. is on pace to become the first semiconductor company to post $100 billion in revenue in a single quarter, with consensus estimates for fiscal Q3 2027 (ending October 2026) at roughly $104…
Nvidia is set to report fiscal second-quarter 2027 earnings on August 26, with analysts expecting roughly $92 billion in revenue and adjusted EPS of $2.09, representing about 97% year-over-year growth…
Bloomberg and J.P. Morgan have identified AI infrastructure, defense, nuclear, and space as the dominant ETF themes for 2026, with thematic ETFs now managing over $256 billion. J.P. Morgan projects to…
A report cited by VentureBeat finds that cost, not technical issues like hallucinations, is the primary barrier to successful enterprise AI projects, with hidden implementation costs and integration d…
NuScale Power, the only US company with full Nuclear Regulatory Commission certification for its small modular reactor design, holds $1.9 billion in cash and zero revenue, betting on a power purchase …
Bill Gates urged governments to act more quickly to regulate artificial intelligence, warning that technology companies are downplaying risks to humanity. In an essay on his personal website, the Micr…
Bill Gates is seeking a meeting with Chinese President Xi Jinping, tentatively planned for November 2026, to discuss international cooperation on AI safety, including restrictions on dangerous AI mode…
Meta Platforms Inc. reassigned approximately 6,500 to 7,000 engineers to its Applied AI unit in spring 2026, triggering a drop in employee favorability from 74% to 55%, and later cut about 8,000 jobs …
George Town Council in Tasmania approved Firmus Technologies' 288MW AI data centre at Long Reach on August 25 with a 6-1 vote, despite 349 written objections and nearly 6,000 petition signatures from …
Perceptron AI, a Bellevue, Washington-based startup founded in late 2024, launched its Perceptron Mk1 vision-language model on May 12, claiming it processes factory video at 80-90% lower cost than com…
Z.ai, formerly Zhipu AI, released GLM-5.3-Flash on August 26, its first natively multimodal model in the GLM-5 series, running entirely on domestically produced Chinese AI accelerators. The 320-billio…
EMQQ Global's new brand EMXETF launched the China AI Tigers LLM ETF on August 26, trading on NASDAQ under the ticker TGRZ, with at least 80% of assets dedicated to Chinese companies developing large l…
The US Department of Justice and FBI seized 13 internet domains linked to suspected Chinese state-sponsored operatives who posed as consulting firms to recruit Americans with security clearances, usin…
Meta Platforms Inc. scaled back its Project OT workforce overhaul after cutting roughly 10% of staff instead of the planned 60%, with CEO Mark Zuckerberg admitting in July 2026 that AI technology was …
Apodex 1.1, released on August 24, 2026, by the Apodex Team, manages up to 150 parallel sub-agents and runs on local hardware, with the Mini variant using 35 billion parameters and open weights. The m…
Saudi brothers Ibrahim and Khalid Al Moammar have amassed a combined fortune of roughly $1.4 billion, according to Bloomberg's Billionaires Index, after their company Al Moammar Information Systems Co…
Google launched a suite of cost-management tools for Gemini Enterprise on Google Cloud, including a pay-as-you-go pricing model with project-level spend caps and an AI Cost Summary Agent, to address r…
REX Shares and BMO will launch the MicroSectors 3x Long MANGOS+ ex Private Companies ETN (ticker: MNGU) on NYSE Arca on August 27, 2026, providing 3x daily leveraged exposure to ten AI-linked public c…
Intuit Inc. shares plunged 12% to about $315 on August 26 despite beating fiscal Q4 earnings estimates, after the company guided fiscal 2027 revenue growth of only 9-10%, with TurboTax growth projecte…
Alibaba released three new AI models in August 2025, including the flagship Qwen3.8-Max with 2.4 trillion total parameters (95 billion active), the lightweight Qwen3.8-27B with 27 billion parameters, …